Mike Wheatley
Latest from Mike Wheatley
Commvault debuts on-demand cloud cleanrooms for cyber recovery operations
Data protection services provider Commvault Systems Inc. hastodayannounced the availability of what it says is a new kind of “cleanroom” for data recovery operations, enabling enterprises to recover compromised workloads and data from any location to a safe and secure isolated environment in the cloud. The Commvault Cloud Cleanroom Recovery service builds on the basic ...
Intel’s stock slides on weak forecast
Intel Corp. took a beating in after-hours trading today after reporting disappointing first-quarter financial results and a weak outlook that came in below most analysts’ forecasts. The chipmaker reported a net loss for the quarter of $437 million, improving on the $2.8 billion loss it recorded one year earlier. On an adjusted basis, it delivered ...
Google parent Alphabet’s stock spikes on strong cloud profits, AI demand and first cash dividend
Shares of Google LLC’s parent company Alphabet Inc. rallied in late trading today after it reported first-quarter earnings and revenue that topped analysts’ estimates, delivered strong profit from its cloud unit, and announced its first-ever dividend. The company’s stock was up more than 11% in the extended trading session, lifting its market capitalization beyond the $2 ...
Monster API uses generative AI to help anyone build generative AI
A startup called Monster API, officially known as Generative Cloud Inc., has a GPT-powered agent that simplifies and accelerates the fine-tuning and deployment of open-source generative artificial intelligence models. According to the company, MonsterGPT helps reduce the time it takes to fine-tune and implement generative AI applications based on open-source models such as Llama 3 ...
Salesforce wants to help banks resolve transaction disputes faster with generative AI
In its latest generative artificial intelligence push, Salesforce Inc. said today it’s introducing new features for banks that will help them deal with transaction disputes much more rapidly. The new generative AI capabilities announced today include Transaction Dispute Management and Einstein Copilot Banking Actions, which combine transaction data from customer’s banking platforms with insights from ...
Secretive AI coding assistant startup Augment raises $227M to rival GitHub’s Copilot
Artificial intelligence-powered coding assistant startup Augment Inc. stepped into the limelight today, announcing a bumper $227 million funding round that brings its valuation to $977 million, just shy of “unicorn” status. Today’s Series B round was led by high-profile investors that include former Google LLC Chief Executive Eric Schmidt and venture capital firms such as ...
Generative AI drives strong revenue growth for ServiceNow, but light guidance weighs on stock
Enterprise workflow software provider ServiceNow Inc. beat analysts’ expectations as it delivered its first-quarter financial results today, but its stock was trading lower after-hours following a tepid forecast that only matched Wall Street’s guidance. The company reported earnings before certain costs such as stock compensation of $3.41 per share, beating the consensus estimate of $3.14 ...
Meta delivers strong earnings, but weak guidance and heavy AI spending prompt investors to bail
Shares of Meta Platforms Inc. traded down more than 16% after-hours today following strong first-quarter earnings results that were overshadowed by light guidance. The company reported earnings before certain costs such as stock compensation of $4.71 per share, beating Wall Street’s forecast of $4.32 per share by a comfortable margin. Revenue rose 27% from a ...
Datorios enhances data streaming visibility to support more reliable real-time AI systems
Streaming data observability startup Datorios Ltd. today announced the immediate availability of a new real-time observability platform for the big-data processing framework Apache Flink. With the new platform, companies will benefit from what the startup claims are previously unseen insights relating to streaming data processing. These insights can aid in the creation of new, real-time ...
WhyLabs enhances real-time generative AI monitoring to forestall inaccurate and toxic outputs
Artificial intelligence observability startup WhyLabs Inc. said today it’s debuting a new kind of AI operations platform that provides companies with real-time control over their AI-powered applications. It’s called the AI Control Center, and it’s designed to reassure users about the performance of their AI applications amid rising concerns over the security and reliability of ...